Chinese billionaire Wang Jianlin's already got film and television production companies, theme parks and cinemas. Now, he's betting on toys.
Emerson, a global technology and engineering company based in St. Louis, Missouri of the United States, sees good opportunities in China's industrial automation and energy efficiency sectors, according to its top executive.
China's biggest state-owned companies will see "dramatic changes" in the next few years as they will have to downsize and become more efficient, according to the former chairman of two of the country's biggest producers.
Nearly 800 families will be the next batch of beneficiaries of the government's subsidized housing program when they move in early next year. But theirs will be a bit different from other housing projects, the new homes in Baoshan district being prefabricated - using factory-made components and assembled on-site.
While the country was excited by the successful return of the Shenzhou XI manned spacecraft to Earth, Shenlingcao - a healthcare food containing a traditional Chinese medicine recipe and produced by Jiangzhong Group - attracted its own kind of widespread attention because it went up into space to maintain the health of the astronauts.
Chinese mainland companies traded in Hong Kong rose to a nearly two-month high, as oil companies rallied after OPEC reached a deal and amid optimism the mainland economy is stabilizing.
China will waive capital gains taxes for foreign investors trading through the Shenzhen-Hong Kong exchange link, providing clarity ahead of the Connect's start on Dec 5.
Ascend Money Co, a digital financial services venture between Charoen Pokphand Group and Ant Financial, is poised to embark on a $100 million expansion next year into Southeast Asia.
Wasion Group Ltd, the Hunan-based manufacturer of electronic power meters and data collection devices, plans to invest 15.91 million yuan ($2.32 million) over the next three years to upgrade its production facilities with more industrial robots, said senior executives.
Shenzhen BTR New Energy Materials Inc, the world's leading anode materials supplier for lithium-ion batteries, said it is betting big on the development of the electric vehicle market to drive stronger growth of its business.
The Chicago Stock Exchange Inc said Chinese interests will control 49.5 percent of the exchange if a proposed sale of the company gains regulatory approvals.
China Evergrande Group, the country's largest property developer, stepped up a buying spree of shares in rival China Vanke Co Ltd in the weeks after a warning from the Shenzhen Stock Exchange that it is closely monitoring Evergrande's investments in listed companies.
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